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Today only 6 Millions !! Imagine where it will be with 50 - 60 millions.. Monster run..
low floater.. with a good volume, easy 0.0020-0.0030
very thin.. easy 0.0020 - 0.0030
this stock will never come back, at least not within a week
you will hold for a very long time
before or after, SEC will delete MODC shares and yesterday hype smells like someone knows the end is near, and managed to dump his shares before the unavoidable ending
sometimes a ticker is hijacked and now it seems the case
this scam is alive, but i'm very doubtful whether there's something real in this pump
someone wants to get rid of their shares before SEC revokes and deletes the ticker
Maybe you've never traded penny stock..
"You really think people are going to buy at higher prices"
just the way to be a bagholder, learn to load on the bottom
it's a normal trading pattern.. do you expect that a +5000% gainer is holding foverer ?
volatility is one of the main component of stock market
maybe or maybe not.. the PPS is flattening, and MMs double trade shows they are scared of a likely bounce..
it seems that 0.03 is coming.. chart is bottoming there.. not good
- 41% is only because last five minutes frenzy, seen last week in other pot stocks, PPS killed on the close
i suspect the same group of traders is behind this manipulation
you're right, i expected a close around 0.0070 - 0.0075, as many others
last 5 minutes candle it's pure manipulation, MMs want a good margin to cover without problem.. the stock should have closed 0.0070 - 0.0075
last 5 minutes is not real, already seen last week in ERB*, EAP*, CBI*, FIT*. GRN*.. and now all this stock doubled
the only question is why it happened today and not last week together with other stocks..
unfortunately inexperienced traders jumped on pot stocks and create panic selling, easy for MMs to drive PPS wherever they want
as usual, in next days many will rebuy higher than they sold
i agree.. FIT*, EAP*, CBI* too..
typical pattern.. every time PPS starts to climb a small dump or a hidden ask shows to cool down the run..
last 2 weeks pot stocks were manipulated the same way
i bet that 75% of short volume was last half an hours..
stupid flippers today helped shorters to pull this stock down..
today the key was at 0.0086, few buys and the stock would have closed green.. but some idiots sold for a 200-300$ gain
Actually, last candle and bad close was about 20 Million shares, only 1/30 of the total daily volume
the attack during last 5 minutes is a classic, i should have understood when on level 2 appeared a huge NITE ask with over 10 million shares, a bomb discarded at market just before close
way effective..
ridicolous small dump 25000.. manipulation
Sorry, cannot PM..
the pattern is simple, they gap up on the open hoping that many would buy.. but after they didn't succeed, the dump began
they need money and cannot wait, so the only solution is DILUTION
here's come the bid.. bottom confirmed many times.. time to buy..
i sold at the open, it's impossible to predict where's the bottom, but from the way this trades, it should be very low..
no reason ? VNDM dumping, that's the REASON
back to 0.06, maybe 0.04 - 0.035
shorts ? only VFIN dumping all the shares he can..
no hope, this kind of pump is never good for day trader..
hard lesson, never buy a monster gap without a news, especially if the pumped stock was dead until the day before..
it's always a "gap" and dump
i hate VNDM !!
agree, when volume disappears, many come back to the 000 land..
REDG ? cannot hold 0.0030..
wow.. gapping up pre market 0.0891 - 0.0945
as i predicted, now this is a useless dollar zombie stock
going nowhere, illiquid.. good job, idiots
i totally agree, i bought yesterday 0.09 and today i didn't sell any share
i'm here for 0.50, 0.25 is possible within 2 week
tomorrow unavoidable gappa.. never seen so panic coverin like now..
many who dumped today will rebuy at a higher pps than they sold.. as usual.. panic is not good in stock market..
NOW 0.06
0.20 in the coming days won't surprise me, monster rebound here
no more shares to sell
i'm in 0.09 so i feel safe, chart starts bottoming and i'm here for a good rebound
0.15 - 0.20 is likely
0.04 - 0.05 istantly, after that it depends on their good will..
however it takes some time to get over 0.10 again, many had lost faith in this stock
but SPLI case tells that a bad decision can be redeemed if CEO pays attention to shareholders protest
No, it's amended, they changed the merger agreement
VKML simply should do the same
bad idea, bad execution, bad timing, everything here is at least amateurish
if the RS is cancelled this stock could recover well
same story one month ago with SPLI
http://www.vaporgroup.com/vapor-group-inc-spli-cancels-reverse-split-common-stock/
they cancelled the RS and the stock soared from 0.06 to 0.4 in few days
"virtually" 87 millions, i bet they cannot bank 1/100th of that
PPS will crash soon after few sells, typical empty level 2 and monster spreads
no serious trader would buy
how do they think to dilute 87.5 millions shares succesfully after the RS ?
if they manage to sell only 1-2 millions shares without destroying PPS again under a penny it would be a miracle
insiders could have made much more money selling shares over 0.1 keeping the interest high in this stock, like many other pot stocks
what an idiot and dumb merger..
this stock is losing credibility, so after RS will be a dollar useless dead zombie
great manipulation here, MMs are using every tricks to hold down the stock, as double trade (every ask hit is followed soon after by a small dump on bid), downtick hidden ask (the "green" trade), fake walls, delayed order execution to keep volume low, the encyclopedia of manipulation
typically MMs need to open 30% lower than previous close to keep a margin over shorting position, that should be huge now, and stay away from danger zone
yesterday little volume and few ask hits moved the PPs from 0.0145 to 0.027 in a matter of minutes
if RS won't happen, a short squeeze is very likely